The Coal Hub
No Result
View All Result
  • Login
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login
The Coal Hub
No Result
View All Result
Home Coal Demand

World coal market: brief overview

Editor by Editor
9 months ago
Reading Time: 2 mins read
World-coal-market
Share on FacebookShare on TwitterShare on Linkedin

Last week the European thermal coal market experienced a further drop below USD 290/t amid ample stocks, falling gas prices and the release of new instructions by the European Commission (EC), suggesting easing of sanctions on Russian coal supplies for the purpose of ensuring global energy security.

RELATED POSTS

Russia to resume coal shipments to China via North Korean port Rajin

Russia to resume coal shipments to China via North Korean port Rajin

4 days ago
World-coal-market

World coal market: brief overview

4 days ago
World coal market: brief overview

World coal market: brief overview

2 weeks ago

On September 19, 2022, the EC issued a clarification for coal shipping guidelines with the important caveat that European companies are allowed to transport Russian material to third countries, including transit through the EU, as well as to provide insurance services. The measure, which has been criticized by Poland and the Baltic states, is intended to cool prices and prevent a global energy crisis.

Indices of South Africa’s High-CV 6,000 material tumbled below 270 USD/t, following the European quotations. An improvement in coal loading on the Transnet rail line to the Richards Bay Coal Terminal (RBCT) also put pressure on quotes. September shipments are expected to reach 4.5 mio t, versus 4.2 mio t in August.

Canadian mining company African Energy Metals plans to form a joint venture with Black Hole Aurum to acquire coal assets in Tanzania, caused by strong demand from Europe. The companies have already signed a memorandum of understanding for one of the projects.

In China, spot prices for 5,500 NAR at the port of Qinhuangdao rose by 12 USD/t up to 221 USD/t w-o-w. The Chinese market continues to face an increase in quotations, driven by concerns over domestic production decline as well as active coal consumption, resulting from the hot weather in some regions of the country. A fatal accident on September 16, 2022, halted operations at 25 mtpa Tashan mine, one of the largest in Shanxi province.

Chinese authorities reported that autumn maintenance on the Daqin rail line will be carried out from September 28 to October 22, 10 days ahead of schedule, that also contributes to a worsening of supply on the spot market and a strengthening of indices.

The rise in Indonesia’s 5,900 GAR to 189 USD/t was due to lower supply because of heavy rains in Kalimantan, as well as increased demand from China and European countries.

Australian 6,000 coal indexes are holding at 430-435 USD/t as heavy rains limit shipments at the Port of Newcastle. Prices are also supported by sustained demand from Europe and India.

Australian metallurgical coal quotes remain below 260 USD/t as global steel market conditions continue to deteriorate amid rising input costs caused by rising electricity prices, resulting from EU sanctions against Russia. In addition, Australian authorities in August and September softened their approach to approving new metallurgical coal projects.

Source: CAA

Tags: CAAcoal pricescoking coalglobal coal demandKuzbass coal productionRussian coal productionworld coal market
Editor

Editor

Related Posts

Russia to resume coal shipments to China via North Korean port Rajin
Coal Demand

Russia to resume coal shipments to China via North Korean port Rajin

4 days ago
World-coal-market
Coal Demand

World coal market: brief overview

4 days ago
World coal market: brief overview
Coal Demand

World coal market: brief overview

2 weeks ago
China sends conflicting signals for the coal market
Coal Demand

China sends conflicting signals for the coal market

2 weeks ago
World-coal-market
Coal Demand

World coal market: brief overview

2 weeks ago
Railroad-tariffs-skyrocket
Coal Demand

Rail tariffs grow at outstripping rate

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

Coal-production-in- Kuzbass

Coal production in Kuzbass down 2.9% in Jan-Apr 2023

May 13, 2023
World-coal-market

World coal market: brief overview

May 20, 2023
Railroad-tariffs-skyrocket

Rail tariffs grow at outstripping rate

May 20, 2023

Recent Post

Russia to resume coal shipments to China via North Korean port Rajin

Russia to resume coal shipments to China via North Korean port Rajin

June 2, 2023
World-coal-market

World coal market: brief overview

June 2, 2023
World coal market: brief overview

World coal market: brief overview

May 27, 2023
China sends conflicting signals for the coal market

China sends conflicting signals for the coal market

May 22, 2023
World-coal-market

World coal market: brief overview

May 20, 2023
Railroad-tariffs-skyrocket

Rail tariffs grow at outstripping rate

May 20, 2023

The Coal Hub is an online platform for sharing analysis and information about the global coal market  more info

Categories

  • Coal Market Outlook
  • Coal Trade
  • Met / Coking Coal
  • Coal Fired Generation
  • Coal Regions
  • Climate & Technology
  • Economic Impact

Recent Posts

Russia to resume coal shipments to China via North Korean port Rajin

World coal market: brief overview

World coal market: brief overview

Energise your Friday!

Sign up to receive our weekly newsletter (each Friday) with new coal market reports, presentations & analysis.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 TheCoalHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
  • Subscribe
  • My account
  • Login

© 2020 TheCoalHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Energise your Friday!

Interested in coal markets? Do you want our free email each FRIDAY with at least 3 new COAL reports & presentations?